Latest Electric vehicles News

Group of Tesla shareholders ask investors to vote against Musk's compensation package

May. 21, 2024 10:29 AM EDT

A group of Tesla shareholders is asking investors to vote against a compensation package worth more than $40 billion for CEO Elon Musk, saying that it's not in the electric vehicle maker's best interest. Tesla is struggling with falling global sales, slowing electric vehicle demand,...

Corn, millet and ... rooftop solar? Farm family’s newest crop shows China’s solar ascendancy

May. 20, 2024 21:10 PM EDT

JINAN, China (AP) — Shi Mei and her husband earn a decent enough living by growing corn and millet on their small farm in eastern China's Shandong province. In 2021, they diversified by investing in solar energy — signing a contract to mount some 40 panels on their roof to feed energy to the...

Company wins court ruling to continue development of Michigan factory serving EV industry

May. 20, 2024 12:59 PM EDT

GREEN TOWNSHIP, Mich. (AP) — A judge has ordered a Michigan community to stop blocking efforts to bring a major electric vehicle battery business to a rural region. Gotion, a China-based manufacturer, was granted a preliminary injunction Friday after arguing that Mecosta County's...

Nickel-rich Indonesia pitches EV battery plant plan to Elon Musk

May. 20, 2024 10:52 AM EDT

DENPASAR, Indonesia (AP) — Indonesia’s top investment official said Monday that the government has proposed to Tesla CEO Elon Musk the construction of an electric vehicle battery plant in the nickel-rich country. The official spoke after Musk met with Indonesian President Joko...

Federal judge hears challenges to NYC’s fee for drivers into Manhattan

May. 17, 2024 18:25 PM EDT

NEW YORK (AP) — New York’s first-in-the-nation plan to levy a hefty toll on drivers entering much of traffic-choked Manhattan was the focus of a legal battle that played out in federal court Friday. A Manhattan judge heard arguments in lawsuits brought by unionized public school...

The unofficial spokesman for the American muscle car, Tim Kuniskis, is retiring

May. 17, 2024 13:54 PM EDT

DETROIT (AP) — Tim Kuniskis, CEO of the Ram and Dodge brands and the unofficial voice of American muscle cars, is retiring after nearly 32 years with Stellantis. The announcement Friday comes as Stellantis struggles with U.S. sales as it begins the transition from internal...

Japanese automaker Honda revs up on EVs, aiming for lucrative US, China markets

May. 16, 2024 11:37 AM EDT

TOKYO (AP) — Japanese automaker Honda reaffirmed its commitment to electric vehicles Thursday, saying it will invest 10 trillion yen ($65 billion) through fiscal 2031 to deliver EV models around the world, including the U.S. and China. “Honda has not changed its belief that EVs...

Morocco’s automotive industry shifts gears to prep for electric vehicle era

May. 15, 2024 11:06 AM EDT

TANGIERS, Morocco (AP) — A train that travels from rural northern Morocco to a port on the Mediterranean Sea carries no passengers. Three times a day, it brings hundreds of cars stacked bumper to bumper from a Renault factory outside Tangiers to vessels that transport them to European...

Edmunds: The five things you need to know before buying your first used Tesla

May. 15, 2024 06:13 AM EDT

It’s a good time to be in the market for a used Tesla. Tesla’s significant price cuts over the past year on its new cars have caused the prices of used Teslas to drop significantly. But buying a used Tesla isn’t as straightforward as buying a used Toyota, especially if you’ve never owned...

Europe's Stellantis and China's Leapmotor will sell electric cars in Europe in September

May. 15, 2024 05:36 AM EDT

HONG KONG (AP) — European carmaker Stellantis on Tuesday said it had formed a joint venture with the Chinese electric vehicle startup Leapmotor that will begin selling EVs in nine European countries later this year. Sales will begin in September for Belgium, France, Italy, Germany,...